Business •
26 Jun '26
Bank of Uganda data shows the local currency briefly strengthened further to about Shs3,646 per dollar earlier this week before surrendering some gains as demand for foreign currency resurfaced.KAMPALA: Uganda’s shilling has staged
Business •
15 Jun '26
quiet unease ripples through UNOC as top executives secure five-year contract extensions until 2031, blocking promotion paths for mid-level managers.KAMPALA, Uganda — A quiet unease is bubbling at the Uganda National Oil Company following the extension of contracts for top executives unt
Business •
13 Jun '26
Residents of Rwamiramira Village in Kinuuka Sub-county, Lyantonde District, have expressed dissatisfaction with a recent court ruling in a long-running cattle theft case, arguing that the judgment did not fully reflect the evidence presented.The case dates back to 2024 when Ms. Jolly Murom
Business •
13 Jun '26
Folarin Balogun has become the early face of the 2026 World Cup, having netted twice for the United States during their win over Paraguay. The striker tucked home two stylish finishes and even had another goal ruled out for offside.He’s part of the US side hoping to capitalise on the hom
Business •
11 Jun '26
As construction of the East African Crude Oil Pipeline (EACOP) nears completion, the project company has initiated mass layoffs in Uganda and Tanzania, triggering anxiety among section of staff. The move has also stoked claims of discrimination amid claims of retention of majorly expatriat
Business •
09 Jun '26
Former Minister Muloni (C) flanked by Ernest Rubondo (L), the head of Petroleum Authority of Uganda. Former Energy Minister, Irene Muloni (C) flanked by Ernest Rubondo (L), the head of Petroleum Authority of Uganda.Uganda’s oil journey has been defined less by extraction than by
Business •
03 Jun '26
Hundreds of incredible whales have once again been slaughtered in the Faroe Islands as the barbaric historical tradition continues.The sea turns red as the creatures' carcasses lay on the beach, hours after they were knifed with young children in the large crowd seen watching on from the s
Business •
24 May '26
Since it was announced that Starlink had been granted a licence to operate in Uganda, there has been significant debate around what this means for Uganda’s communications sector and the terms of the licence in particular.Taxation of Starlink and data sovereignty are two of the key issues
Business •
18 May '26
The directive, issued by President Yoweri Kaguta Museveni, places the investigation into alleged corruption, unexplained wealth, and procurement irregularities at the center of what has now evolved into a high-stakes political and institutional inquiry affecting Parliament and its leadership circ
Business •
09 May '26
More than 500 fishermen from Kalangala District have fled to neighbouring Tanzania with their boats following the strict enforcement of new fisheries regulations on Lake Victoria aimed at curbing illegal fishing, authorities said.The measures, rolled out under the national fisheries enforc